Greystone Housing Impact Investors LP

GHI Financial Mortgage Finance

Greystone Housing Impact Investors LP’s revenue for fiscal 2025 (year ended December 2025) was $85.4 million, down 6.44% from fiscal 2024. In the quarter to June 2026, revenue fell 7.10%, EPS grew 68.6%, free cash flow fell 92.9% and total debt fell 6.76%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

4.97 0.02 +0.40%
Market cap
$115.2M
P/E
0.0×
Fwd P/E
3.2×
Dividend yield
13.5%
F-score
3/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Total buys 0.02
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — 1 —
Sell — — — — — — — — — — — —
Insider Ownership 2.13%

Capital & Financial Ratios $m

Market Cap 115.17
Revenue 81.23
Net Income (1.96)
Free Cash Flow 17.59
Net Debt 960.17
Current Ratio 8.88
Debt/Equity 3.80
P/E ratio 0.00
Fwd P/E 3.16
P/S ratio 1.42
P/B ratio 0.44
Past 5Y EPS Growth —
This Y EPS Growth (42.68%) (below 0%: weak)
Next Y EPS Growth 48.94% (at or above 15%: strong)
Next Y revenue growth (7.08%) (below 0%: weak)
Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 0.55%
10-year low 10-year high
P/B against its own 10 years 0.48%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate 0.67
Annual Dividend Yield 13.48%
total individual payouts
2027 Powerpack
2026 0.56
0.14
0.14
0.14
2025 1.22
0.37
0.30
0.30
0.25
2024 1.48
0.37
0.37
0.37
0.37
2023 1.10
0.37
0.37
0.37
0.07
2022 1.83
0.33
0.57
0.57
0.36
2021 1.49
0.27
0.33
0.33
0.57
2020 0.91
0.37
0.18
0.18
0.18
2019 1.49
0.37
0.37
0.37
0.37
2018 1.49
0.37
0.37
0.37
0.37
2017 1.49
0.37
0.37
0.37
0.37
2016 1.69
0.07
0.07
0.07
0.37
0.37
0.37
0.37
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 48 31 55 42
Receivables 8 7 7 7
Inventory — — — —
Other — — — —
398 319 250 137
2023 2024 2025 Q'26
Payables 23 23 21 15
ST’ Debt — — — —
Other — — — —
23 23 21 15

Compound Annual Growth %

10y 5y 3y
Sales 3.60% 8.99% 1.74%
Cash Flow 6.83% 18.83% 21.11%
Earnings 0.00% 0.00% 0.00%
Book Value (1.21%) (5.08%) (5.06%)

Revenue $m

Mar Jun Sep Dec Year
’26 22 21 — — —
’25 24 23 22 17 85
’24 22 22 24 23 91
’23 25 28 26 25 105
’22 19 17 23 22 81
’21 14 16 18 20 68
’20 14 14 14 13 56
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 0 1 — — —
’25 11 11 7 9 38
’24 3 5 5 5 18
’23 0 13 7 5 25
’22 9 5 5 1 21
’21 7 8 8 11 34
’20 2 7 4 3 16
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 0 1 — — —
’25 10 12 8 9 39
’24 3 5 5 5 18
’23 28 (15) 7 5 25
’22 9 5 5 0 19
’21 7 6 10 11 34
’20 2 7 3 3 15
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.01 (0.11) — — —
’25 0.11 (0.35) 0.03 (0.17) (0.52)
’24 0.42 0.19 (0.23) 0.39 0.76
’23 0.60 0.85 0.39 0.24 2.06
’22 1.02 0.74 0.79 0.09 2.61
’21 0.27 0.38 0.56 0.33 1.54
’20 0.12 0.18 (0.06) 0.00 0.21
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 12.76 15.84 15.45 16.55 10.52 12.16 16.46 14.50 10.12 6.01

Analyst estimates 2026–2028

Powerpack
High 18.26 18.68 19.42 24.44 24.20 21.25 20.77 19.20 17.24 13.29
People
People Employees — — — — — — — — — —
Revenue/emp, $m 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Income, $m
Income, $m Revenue 59 70 81 62 56 68 81 105 91 85
Gross margin, % 84.36 88.31 93.49 92.82 92.17 94.17 94.16 97.46 100.00 100.00
EBT 29 37 40 31 7 38 66 54 21 (7)
EBT margin, % 48.73 52.12 49.44 49.00 13.13 55.75 80.80 51.50 23.40 (7.95)
Net income 24 31 41 30 7 38 66 54 21 (8)
Depreciation 9 7 5 5 4 4 3 4 0 2
Per share, $
Per share, $ Revenue 2.90 3.47 4.01 3.04 2.71 3.23 3.54 4.57 3.96 3.68
Earnings 1.01 1.30 1.77 1.24 0.21 1.54 2.61 2.06 0.76 (0.52)
Cash flow 0.75 0.85 1.26 0.88 0.77 1.60 0.92 1.09 0.78 1.62
Capex (0.52) 0.11 (0.16) (0.01) (0.02) 0.00 (0.08) (0.02) 0.00 0.06
Free cash flow 0.23 0.95 1.10 0.87 0.75 1.60 0.84 1.07 0.78 1.67
Book value 13.76 15.49 15.00 16.70 17.55 17.58 14.16 15.23 13.26 11.96
Shares, m 20 20 20 20 20 21 23 23 23 23
Valuation, ×
Valuation, × P/E 15.59 13.78 9.46 18.53 53.68 12.49 6.69 8.04 13.31 0.00
P/S 5.57 5.16 4.19 7.56 4.69 5.94 4.97 3.64 2.59 1.87
P/B 1.17 1.16 1.12 1.38 0.72 1.09 1.24 1.09 0.77 0.58
EV/Sales 15.39 13.29 10.77 16.11 15.21 16.76 17.59 13.20 15.00 14.06
EV/FCF 196.11 48.43 39.18 56.20 54.76 33.86 73.82 56.32 77.04 30.94
Cash, $m
Cash, $m Operating cash flow 15 17 26 18 16 34 21 25 18 38
Capex (11) 2 (3) 0 0 0 (2) 0 — 1
Free cash flow 5 19 22 18 15 34 19 25 18 39
Balance, $m
Balance, $m Working capital 57 99 49 50 199 400 558 375 296 229
Total debt 607 644 569 576 707 893 1,116 1,050 1,164 1,096
Net debt 579 572 536 533 584 741 1,023 1,002 1,132 1,041
Shareholders’ equity 280 314 304 342 360 372 324 349 306 277
Returns, %
Returns, % ROA 2.56 2.84 3.73 2.75 0.39 2.75 4.25 3.32 1.19 (0.75)
ROIC 2.19 2.90 4.32 2.79 1.79 2.50 2.61 3.82 3.16 2.68
ROE 7.82 9.63 12.38 8.55 1.24 9.62 18.01 15.19 5.59 (3.95)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Greystone Housing Impact Investors LP vs peers in Mortgage Finance (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
VEL Velocity Financial, Inc. $584.7M 5.3× 12.1× +34.05% (above 0%: growing) −7.25% (below 0%: shrinking) −3.27% (below 0%: shrinking) 0.00% 0.00% Compare
ONIT Onity Group Inc. $222.8M 1.5× 6.2× +14.72% (above 0%: growing) n/m −9.61% (below 0%: shrinking) 100.00% 25.95% Compare
BETR Better Home & Finance Holding Company $204.6M — (loss-making) — (loss-making) +25.81% (above 0%: growing) n/m +136.12% (above 0%: growing) 89.80% 0.00% Compare
LDI loanDepot, Inc. $191.7M — (loss-making) — (loss-making) +19.39% (above 0%: growing) n/m +589.11% (above 0%: growing) 87.77% 10.45% Compare
GHI Greystone Housing Impact Investors LP $115.2M — (loss-making) 3.2× −7.10% (below 0%: shrinking) n/m −92.85% (below 0%: shrinking) 93.66% 60.90%
IOR Income Opportunity Realty Investors, Inc. $74.4M 19.6× 13.8× +534.29% (above 0%: growing) −29.17% (below 0%: shrinking) +155.56% (above 0%: growing) 0.00% 0.00% Compare
BLNE Beeline Holdings, Inc. $24.4M 0.4× 6.1× +56.62% (above 0%: growing) n/m +146.53% (above 0%: growing) 100.00% (171.05%) Compare
PAPL Pineapple Financial Inc. $23.0M — (loss-making) — (loss-making) −16.66% (below 0%: shrinking) n/m −914.00% (below 0%: shrinking) 100.00% 4,077.43% Compare
CNF CNFinance Holdings Limited Sponsored ADR $13.5M 0.6× 5.6× −28.23% (below 0%: shrinking) −42.86% (below 0%: shrinking) −137.50% (below 0%: shrinking) 57.90% 0.00% Compare
Median of peers $133.1M 1.5× 6.2× +22.60% −29.17% +66.43% 88.79% 0.00%

All 14 Mortgage Finance stocks →

Greystone Housing Impact Investors LP (GHI) key facts

  • Concern: Greystone Housing Impact Investors LP’s revenue for fiscal 2025 (year ended December 2025) was $85.4 million, down 6.44% from fiscal 2024.
  • Greystone Housing Impact Investors LP (GHI) is a Mortgage Finance company in the Financial sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, GHI traded at $4.97, a market capitalization of $115.2 million.
  • Greystone Housing Impact Investors LP pays an annual dividend of $0.67 per share, a yield of 13.5%.
  • Return on equity was −3.95% and debt-to-equity 3.80.
  • Its Piotroski F-score is 3 out of 9 for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Greystone Housing Impact Investors LP (GHI) Latest News

1 Apr

Impact 4 · transcript
stockrow.com/GHI · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com